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A business can not go bankrupt - They can only go into receivership or liquidation...

Does anyone know what's happened?

Sorry, english is not my first language. "bancrupt" is what i would say in german. In the US they probably would've filed for chapter 5 or whatever number that was...
Dont know anything more. Some wild guesses:
they tried to enter the US market? The move to make "Isaac" carbon frames went wrong? Production in Denmark was too expensive to comepete with companys producing in Far East?
Maybe some other company will step in. The Brandname should be worth a lot.

I hear these are from the same designers. The headtube sure looks familiar (can somebody plz explain what these rear dropouts advantage should be? a friend rides a Klein Quantum II, and changing the rear wheel is a pain in the ****)
http://www.ktk-sports.com/

(can somebody plz explain what these rear dropouts advantage should be? a friend rides a Klein Quantum II, and changing the rear wheel is a pain in the ****)

It'a actually very easy, pull the chain with your finger and then pull the wheel out. You get dirty, but that's life '

This is what Klein says about reardropouts.
micro dropouts

Klein's Micro dropouts are the strongest and lightest in the world. Unlike conventional dropouts, their reversed design works with the chain's tension to pull the rear wheel into the drop, making wheel slippage nearly impossible. Their design also allows for faster, step-by-step wheel installation and removal

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